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by icebraining 3208 days ago
Right, but this clever tax loophole called "giving all your money away" is not in any way limited to Buffett, and in fact he's been pushing others to do the same. He's advocating for increasing the tax rate on realized income, including the part that he and his heirs will be realizing.
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When these people "Give all their money away" it goes to groups like the Sherwood foundation or the Bill and Melinda Gates foundation and does massive good for science, education, fighting malaria....

That is not a loophole, that is a good thing.

Taxing wealth or income none of it matters. The tax schemes both proposed by either of them would be beneficial for society. Stop trying to find fault because you already knew it was there (by some means I cannot fathom) and just look at the real results of taking their advice.

That is not a loophole, that is a good thing.

Yeah, sorry, I was being sarcastic.